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1555 Camino Del Mar, Suite 315-B
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Roberta Murphy, Real Estate Professional in San Diego County

San Diego 4th of July Fireworks for 2008

by Roberta Murphy

San Diego 4th of July FireworksSan Diego’s mortgage meltdown and budget constraints have forced Chula Vista to cancel its big annual fireworks display, and Valley Center has fire safety issues, but the 4th of July fireworks displays in the rest of San Diego County will light the skies this Friday night.

San Diego’s real estate market notwithstanding, you shouldn’t have to drive far from your San Diego home to find a good spot to picnic and watch the fireworks:

2007 Fireworks Schedule in San Diego County

SAN DIEGO

Coronado: Glorietta Bay and Silver Strand
July 4, 9 p.m. Day-long festivities with a parade at 10 a.m.
(619) 437-8788.

La Jolla Cove
July 4, 9 p.m.
(858) 454-1444

Mira Mesa Recreation Center
July 4, 9 p.m. Food, rides, games and entertainment in Mira Mesa Community Park during the day.
(858) 538-8122.

Mission Bay Yacht Club
July 4, 9 p.m.
(858) 488-0501.

Ocean Beach Pier
July 4, 9 p.m.
(619) 226-8613.

Mission Bay: Paradise Point Resort
Thursday, July 3 at 9 p.m. with BBQ at 6 pm
(858) 274-4630.

Downtown: Petco Park
Saturday July 12, Fireworks follow the Padres game
(619) 795-5005.

San Diego Big Bay
July 4, 9 p.m.
(858) 751-5755.

Mission Bay: Sea World
July 4, 9:30 p.m.
(800) 25-SHAMU.

EAST COUNTY

Santee: Town Center Community Park Ballfields
July 4, 9 p.m.
(619) 258-4100 x201.

Spring Valley Park
July 4, 9 p.m.
(619) 479-1832.

Campo: Golden Acorn Casino
Saturday, July 5, 9 p.m.
619-938-6000[

NORTH COUNTY

San Marcos: Bradley Park
July 4, 9 p.m. Food and music are part of the celebration happening earlier in the day.
(760) 744-9000.

Vista: Brengle Terrace Park
July 4, 9 p.m. Daylong festivities.
(760) 726-1340, ext. 1574.

Camp Pendleton: Del Mar Beach
July 4, 9 p.m. All day activities including music, food and games.
(760) 725-2313.

Escondido: Grape Day Park
July 4, 9 p.m. Afternoon festivities, including game and food booths, music and entertainment.
(760) 745-1159.

Carlsbad: Legoland
July 4, 8:30 p.m. included with admission
(760) 918-LEGO.

La Costa Resort and Spa
July 4, after dark
760-438-9111

Oceanside Pier
July 4, 9 p.m. Part of the O’Fest All-Day Carnival
(760) 967-2005.

Ramona: Olive Peirce Middle School
July 4, 9 p.m. Grounds open at 5 p.m. for town picnic including food booths and games.
(760) 789-1311.

Rancho Bernardo High School
July 4, 9 p.m. Daylong festivities kick off at 10 a.m. in Webb Park.
(619) 889-8505.

Del Mar Fairgrounds
July 4, 9 p.m. included with admission
(858) 755-1161.

Valley Center High School

Canceled this year. Back in blazing colors in 2009!
(760) 670-7062.

SOUTH BAY

Chula Vista: Bayside Park: Canceled
Wednesday, 9 p.m. Food, music, and entertainment will be featured beginning at noon.
(619) 420-6603.

National City: Kimball Park
Wednesday, 9 p.m. Carnival rides, games and food booths also.
(619) 336-4290.

Posted by Roberta Murphy | Currently 4 Comments »

A San Diego Real Estate Market Report–

Bob Dyson, Villa Sotheby’s International Realty–from San Diego’s premier luxury real estate broker, who also spends a lot of time in the trenches:

Bob Dyson, Broker-Owner of Villa Sotheby’s International Realty in San Diego and Dyson & Dyson Sotheby’s International Realty in the desert. Bob speaks with the voice of experience, and has never been one to mince  words.

And Dyson’s most recent column, sent via email this morning, is no exception.

Insight from a Real Estate Insider

CURRENT REAL ESTATE MARKET CONDITIONS

by Bob Dyson

I have been asked again to render an opinion on current real estate market conditions as a lot has changed since our last forecast dated March 27th, 2008.

Over the past few months I have been in most of our Southern California offices on a weekly basis working with individual groups of agents, discussing the market from their perspective and experimenting with new and innovative ways to define and approach this “moving target market”.

In addition, I personally have been “in the trench” in the development business in San Diego and Riverside Counties and the San Diego real estate sales and listing market working directly with Sellers and Buyers and gathering my own opinion of the market. Read the rest of this entry »

Posted by Roberta Murphy | Currently 1 Comment »

Shhh! San Diego Real Estate Commissions Revealed

Roberta Murphy

San Diego Real Estate CommissionsIt’s a taboo of sorts to discuss real estate commissions, not because it’s an impolite topic (like discussing one’s salary or bowel habits at a social gathering), but rather, it could land a real estate licensee in jail (or so we are warned). Of course, it is legal and necessary to discuss commissions with a home seller–and as we all know, this is a negotiable fee. But to publicly discuss real estate commissions is insane, unless, of course….

the courageous San Diego real estate blogger is quoting a bigger mouth.

So what can I say about San Diego real estate commissions? Well, according to HomeGain (the bigger mouth), San Diego real estate commissions during the month of December, 2007 (time for an update?) averaged 5.1 percent across the board, whether it was a $300,000 Oceanside condo, a $500,000 San Marcos home, a $750,000 Carlsbad home–or a $1,000,000 or more Del Mar or Rancho Santa Fe mansion.

I don’t suppose this is earth rattling news of any sort, and it feels about right to this writer and real estate broker–except for those San Diego sellers who overprice their homes and think that a 9 percent commission and a paid trip around the world will enable or convince us to sell this overpriced property to some unsuspecting buyer. Not a chance.

Home Gain says this figure is based on historical commission averages for San Diego real estate sellers who found their agents through Home Gain. And they, too, disclose that real estate commissions are negotiable.

(Note to myself: Yippee! I crossed that real estate minefield and am still in one piece).

Have a nice weekend–and enjoy all the graduations and celebrations in our midst!

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San Diego a Bargain for Foreign Investors

by Roberta MurphySan Diego Real Estate

How I wish I were buying San Diego real estate with Euros or Loonies or Yen or Yuan. As a European, Canadian, Japanese or Chinese real estate investor, I could be plucking off prime coastal real estate in San Diego County at an amazingly steep discount.

For this mornings rant , we can thank Mr Bernankes surprise quarter point cut in the Fed rate Sunday, which has helped to trigger a further decline in the dollar versus other foreign currencies. The US dollar against the Euro currently stands at around $1.58, which can be a dream or a nightmare, depending upon the denomination of ones bank account.

This decline comes as many are expecting an even steeper cut by the Fed this week.

Some American expatriates we know are selling off foreign investments and returning home. The declining dollar has made European retirement increasingly more expensive, and $4.00 per gallon gasoline is still more attractive than $8 per gallon. Its all a matter of relativity. And San Diego County has become a natural home target for many of those returnees.

And why not?

Blue chip real estate in downtown San Diego, Coronado, La Jolla, Rancho Santa Fe, Del Mar, Solana Beach, Encinitas, La Costa, Aviara, Carlsbad and even Oceansides blossoming downtown area can now be purchased by foreigners and expats at even steeper discounts, thanks to the decimated dollar and an already discounted real estate market.

Its a rare combination astute foreign investors cannot ignore and for those seeking to buy a slice of paradise, there is little that can compete with coastal San Diego.

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San Diego Incomes: A Few Surprises

by Roberta Murphy

San Diego IncomesAs a San Diego Realtor, I am frequently asked about income demographics in San Diego County and find it handy to have a chart for reference.

The one below provides more than a few surprises, courtesy of the San Diego Business Journal, which provided this data last summer and is one of my favorite reads. We found it surprising, for example, that Carlsbad outranks Encinitas and that Poway beat out Coronado.

And would you have guessed that Oceanside would best San Diego? And few should be surprised that tiny Del Mar beat out them all.

Of course, Rancho Santa Fe and La Jolla were not included, as Rancho Santa Fe is not an incorporated city, and La Jolla is part of the City of San Diego.

Cities Of Interest: 2007 Population: Median Household Income :
San Diego 1,326,837 $61,043
Chula Vista 227,723 68,497
Oceanside 176,644 62,271
Escondido 141,788 60,639
Carlsbad 101,337 90,115
El Cajon 97,255 50,433
Vista 94,962 60,757
San Marcos 79,812 68,109
Encinitas 63,259 86,444
National City 61,115 41,959
La Mesa 56,250 55,667
Santee 56,158 74,321
Poway 50,830 93,542
Imperial Beach 27,709 43,355
Lemon Grove 25,451 57,000
Coronado 22,957 91,748
Solana Beach 13,418 102,810
Del Mar 4,548 108,635

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